Adani Green Energy Limited (ADANIGREEN) — Working Capital to Net Assets Ratio
Adani Green Energy Limited (ADANIGREEN) has a Working Capital to Net Assets ratio of -29.1% as of March 2026. Working capital of Rs-86.89 Billion (current assets of Rs114.61 Billion minus current liabilities of Rs201.50 Billion) is measured against net assets of Rs298.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Adani Green Energy Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Adani Green Energy Limited Working Capital to Net Assets (2016–2026)
This chart shows how Adani Green Energy Limited's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2016 to 2026. As of March 2026, the ratio stands at -29.1%, reflecting working capital of Rs-86.89 Billion against net assets of Rs298.79 Billion INR. For the complete balance sheet picture, see Adani Green Energy Limited balance sheet assets.
Annual Working Capital to Net Assets for Adani Green Energy Limited (2016–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Adani Green Energy Limited from 2016 to 2026, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Adani Green Energy Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -29.1% | Rs-86.89 Billion | Rs298.79 Billion | Rs114.61 Billion | Rs201.50 Billion | ▲ +7.5 pp |
| 2025 | -36.6% | Rs-82.66 Billion | Rs225.73 Billion | Rs86.22 Billion | Rs168.88 Billion | ▲ +37.6 pp |
| 2024 | -74.2% | Rs-129.51 Billion | Rs174.48 Billion | Rs138.63 Billion | Rs268.14 Billion | ▼ -65.6 pp |
| 2023 | -8.6% | Rs-6.35 Billion | Rs73.50 Billion | Rs78.08 Billion | Rs84.43 Billion | ▲ +218.8 pp |
| 2022 | -227.5% | Rs-59.46 Billion | Rs26.14 Billion | Rs55.67 Billion | Rs115.13 Billion | ▼ -121.7 pp |
| 2021 | -105.8% | Rs-22.49 Billion | Rs21.26 Billion | Rs35.48 Billion | Rs57.97 Billion | ▼ -86.2 pp |
| 2020 | -19.6% | Rs-4.53 Billion | Rs23.11 Billion | Rs25.62 Billion | Rs30.15 Billion | ▲ +12.7 pp |
| 2019 | -32.4% | Rs-6.25 Billion | Rs19.32 Billion | Rs20.74 Billion | Rs26.99 Billion | ▲ +128.9 pp |
| 2018 | -161.3% | Rs-20.01 Billion | Rs12.41 Billion | Rs15.74 Billion | Rs35.75 Billion | ▼ -154.2 pp |
| 2017 | -7.1% | Rs-857.77 Million | Rs12.03 Billion | Rs12.04 Billion | Rs12.90 Billion | ▲ +590.1 pp |
| 2016 | -597.2% | Rs-8.12 Billion | Rs1.36 Billion | Rs6.53 Billion | Rs14.65 Billion | — |